NewswireTODAY - /newswire/ -
Ditzingen, Baden-Württemberg, Germany, 2022/07/19 - High-tech company TRUMPF has acquired the remaining 49 percent of the shares in Indian software developer TRUMPF Metamation Private Limited - TRUMPFMetamation.com / TRUMPF.com.
• Decision to acquire outstanding shares prompted by TRUMPF’s ongoing digitalization strategy;
• Indian location’s software already a standard component of TRUMPF bending machines.
High-tech company TRUMPF has acquired the remaining 49 percent of the shares in Indian software developer TRUMPF Metamation Private Limited (trumpfmetamation.com). The Chennai-based software firm, which specializes in the development of CAD and CAM software applications and machine control solutions, is a key component of TRUMPF’s global software strategy. It offers excellent conditions for further growth thanks to Chennai’s established cluster of international software firms.
TRUMPF acquired a 51 percent majority stake in the software developer in 2014. The company currently employs around 40 software specialists.
TRUMPF (trumpf.com) is a high-tech company offering manufacturing solutions in the fields of machine tools and laser technology. The Company drives digital connectivity in the manufacturing through consulting, platform products and software. TRUMPF is a technology and market leader in highly versatile machine tools for sheet metal processing and in the field of industrial lasers.
In 2020/21, the company employed some 14,800 people and generated sales of about 3.5 billion euros. With over 80 subsidiaries, the TRUMPF Group is represented in nearly every European country as well as in North America, South America and Asia. The company has production facilities in Germany, France, the United Kingdom, Italy, Austria, Switzerland, Poland, the Czech Republic, the United States, Mexico and China.